Paris-originated VC Breega wasn’t enormously well-known in the VC world (it only closed its 1st fund in 2015) until, perhaps, it started attracting attention with its second €110 million Seed fund, just under a year go. It’s portfolio now includes a number of scale-ups including Moneybox, Cuvva, Co…
Amazon extends its quantum efforts with a focus on networking
Amazon today announced a new effort in bringing quantum computing to its cloud — at least in the long term. The company today launched the AWS Center for Quantum Computing, a new research effort that aims to push forward the science and engineering of networking quantum computers together, bo…
D-Wave launches a first prototype of its next-gen annealing quantum computer
D-Wave made a name for itself with its early annealing quantum computers and even though the company recently announced its efforts to also build a superconducting gate-model quantum computer, it’s not abandoning its quantum annealing technology. Case in point: the company today made the firs…
Classiq raises additional funding for its quantum algorithm design tools
Tel Aviv-based Classiq, a startup that wants to make it easier for developers to build quantum algorithms and applications, today announced that it has raised additional funding for its service by adding HSBC, NTT Finance, and Intesa Sanpaolo as new investors to its $33 million Series B round, whic…
This startup hopes photonics to will get us to AI systems faster
The problem with waiting for quantum computing to bring in the next wave of AI is that it’s likely to arrive a lot slower than people would like. The next best options include increasing the speed of existing computers somehow – but there’s now an important added ijmperative: power-efficient …
IBM’s CEO wants to chart quantum-fueled, AI-powered path to the future
When Arvind Krishna took over as CEO at IBM in April 2020, the world was immersed in the initial throes of the Covid pandemic and his company was struggling. It had spent the better part of a decade reporting declining revenue and it desperately needed a change in direction. Whatever IBM had been d…
How to get into Y Combinator, according to YC’s Dalton Caldwell
At TechCrunch Early Stage, Y Combinator's Dalton Caldwell shared insights on the application process — what works on an application, what doesn't, and the right ways to stand out.
Maybell Quantum’s Icebox is a small fridge for large quantum computers
Maybell Quantum, a Denver-based startup that plans to build hardware for the budding quantum computing ecosystem, is coming out of stealth today and launching Icebox. As the name implies, Icebox is a cryogenic platform to cool quantum processors down to the very low temperatures it takes to run a s…